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Partnership Agreement
"I need a Partnership Agreement for a tech startup in Jakarta between two local partners and one Singapore-based investor, with specific provisions for intellectual property protection and technology development starting from March 2025."
1. Parties: Identifies and provides full details of all partners entering into the agreement
2. Background: States the context and intention of the parties to form a partnership
3. Definitions: Defines key terms used throughout the agreement
4. Partnership Formation: Details of partnership establishment, business nature, and commencement date
5. Capital Contributions: Specifies initial and ongoing capital contributions from each partner
6. Profit and Loss Sharing: Details how profits and losses will be distributed among partners
7. Management and Control: Outlines management structure, decision-making processes, and voting rights
8. Rights and Obligations: Lists the specific rights and duties of each partner
9. Business Operations: Describes day-to-day operations, business policies, and procedures
10. Banking and Financial Matters: Specifies banking arrangements, accounting practices, and financial management
11. Term and Termination: States partnership duration and conditions for termination
12. Dispute Resolution: Outlines process for resolving disagreements between partners
13. Governing Law: Confirms Indonesian law as governing law and relevant jurisdiction
14. General Provisions: Includes standard clauses like notices, amendments, and severability
1. Non-Competition: Restricts partners from competing with the partnership - used when intellectual property or trade secrets are involved
2. Intellectual Property Rights: Addresses ownership and use of IP - included when partnership involves creation or use of intellectual property
3. Foreign Investment Provisions: Special provisions for foreign partners - required when partnership involves foreign investment
4. Insurance: Details required insurance coverage - important for high-risk businesses
5. Force Majeure: Addresses unforeseen circumstances - particularly relevant in volatile industries or regions
6. Environmental Compliance: Environmental obligations - necessary for partnerships in industries with environmental impact
7. Succession Planning: Procedures for partner retirement or death - important for long-term partnerships
1. Schedule 1 - Capital Contributions: Detailed breakdown of each partner's initial and committed capital contributions
2. Schedule 2 - Profit Sharing Mechanism: Detailed formulas and methods for calculating profit/loss distribution
3. Schedule 3 - Business Plan: Initial business plan and strategic objectives
4. Schedule 4 - Management Structure: Detailed organizational structure and management responsibilities
5. Schedule 5 - Asset Register: List of partnership assets and their ownership status
6. Appendix A - Partner Information: Detailed information about each partner, including contact details and representatives
7. Appendix B - Operating Procedures: Detailed operational procedures and policies
8. Appendix C - Required Licenses: List of required business licenses and permits under Indonesian law
Authors
Business Day
Business Hours
Business Plan
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Default Event
Effective Date
Financial Year
Force Majeure Event
Initial Capital
Intellectual Property Rights
Management Committee
Managing Partner
Material Breach
Net Profits
Operating Expenses
Partnership
Partnership Assets
Partnership Capital
Partnership Interest
Partnership Property
Partners
Profit Share
Quarter
Related Party
Relevant Laws
Reserved Matters
RUPS (Rapat Umum Pemegang Saham)
Schedule
Special Resolution
Territory
Transfer
Unanimous Resolution
Working Capital
Indonesian Civil Code
Indonesian Commercial Code
Business Registration Number
NPWP (Tax Registration Number)
NIB (Business Registration Number)
Business License
Governing Body
Termination Event
Dispute Resolution Procedure
Term
Capital Contribution
Profit and Loss Sharing
Management Rights
Voting Rights
Decision Making
Partnership Property
Banking Arrangements
Financial Records
Accounting
Partner Duties
Non-Competition
Confidentiality
Intellectual Property
Transfer of Interest
Additional Partners
Partner Withdrawal
Death or Incapacity
Partnership Dissolution
Termination
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Notices
Amendment
Severability
Entire Agreement
Assignment
Third Party Rights
Compliance with Laws
Business Registration
Tax Obligations
Insurance
Indemnification
Authority and Capacity
Good Faith
Environmental Compliance
Labor Compliance
Foreign Investment
Anti-Corruption
Data Protection
Manufacturing
Technology
Professional Services
Retail
Construction
Agriculture
Mining
Tourism and Hospitality
Food and Beverage
Education
Healthcare
Real Estate
Transportation and Logistics
Financial Services
Creative Industries
Legal
Corporate Affairs
Business Development
Finance
Operations
Compliance
Risk Management
Strategic Planning
Investment
Administrative
Chief Executive Officer
Managing Director
Business Development Manager
Legal Counsel
Corporate Lawyer
Chief Financial Officer
Operations Director
Partnership Manager
Investment Manager
Compliance Officer
Business Owner
Entrepreneur
Company Secretary
Risk Manager
Strategic Planning Director
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